ETH/BTC – 4H – SELLThe pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 0.03224 is expected.
Caution: A possible change in the direction of the resistance line at 0.03435 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.03201 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 0.03435 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03698 |
| 2nd High | 0.03442 |
| Next High | 0.03435 |
| Current Price | 0.032420000 |
| Next Low | 0.03224 |
| 2nd Low | 0.03212 |
| 3rd Low | 0.03201 |
0.03365 – 0.03435 – 0.03442 – 0.03224 – 0.03212 – 0.03312 — 46.045388945379 – 38.461294094299 — 67.422703678628 – 40.963288949071 – 74.797512475238 – 62.84009127611
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Rising Wedge Chart Pattern – –